Popular cryptocurrency wallet GateHub reported that the attackers made off with 23 million Ripple coins (XRP) belonging to GateHub users after a breach.
The actors are believed to have used a number of methods which include phishing, account hacks and repeating ‘nonces’.
The breach was noticed on June 1 when a transaction of 201,000 XRP occurred between two wallets.
It was found that the attackers associated with this transaction had stolen XRP from other accounts managed on GateHub.
Source: https://cyware.com/news/cybercriminals-swoop-23-million-ripple-coins-from-gatehub-afdc40fd
TPRM report: https://scoringcyber.rankiteo.com/company/gatehub-limited
"id": "gat34125323",
"linkid": "gatehub-limited",
"type": "Breach",
"date": "06/2019",
"severity": "100",
"impact": "",
"explanation": "Attack threatening the organization's existence"
{'affected_entities': [{'industry': 'Financial Services',
'name': 'GateHub',
'type': 'Cryptocurrency Wallet'}],
'attack_vector': ['phishing', 'account hacks', 'repeating ‘nonces’'],
'date_detected': '2019-06-01',
'description': 'Popular cryptocurrency wallet GateHub reported that the '
'attackers made off with 23 million Ripple coins (XRP) '
'belonging to GateHub users after a breach. The actors are '
'believed to have used a number of methods which include '
'phishing, account hacks and repeating ‘nonces’. The breach '
'was noticed on June 1 when a transaction of 201,000 XRP '
'occurred between two wallets. It was found that the attackers '
'associated with this transaction had stolen XRP from other '
'accounts managed on GateHub.',
'motivation': 'Financial Gain',
'title': 'GateHub Cryptocurrency Wallet Breach',
'type': 'Cryptocurrency Theft'}